| Page | |||
|---|---|---|---|
| Trustees' | report | 1-4 | |
| Statement | oftrustees' | responsibilities | |
| Independent examiner's report |
|||
| Statement | offinancial | activities | |
| Balance sheet | |||
| Notes to | the financial | statements | 9-17 |
| Company | number | number | 04041470 | ||||
|---|---|---|---|---|---|---|---|
| Registered | office | Chapter Art Centre | |||||
| Market Road | |||||||
| Cardiff | |||||||
| CF5 1QE | |||||||
| Secretary | Susan Osmolska | ||||||
| Trustees | Simon Futty (Chair) | ||||||
| Edward Hayes (Treasurer) |
-appointed | 7/6/21 | |||||
| Amy Brooks - appointed | 22/9/21 | ||||||
| Paul Fanning | |||||||
| Cressida Ford - appointed |
16/12/20 | ||||||
| Peter Harding Roberts |
|||||||
| Sharon James - appointed | 4/1/21 | ||||||
| Susan Osmolska | |||||||
| Katherine Stanbury |
|||||||
| Zoe Azzopardi - resigned |
16/12/20 | ||||||
| Lucinda Curley - resigned | 22/9/21 | ||||||
| Edwards Duke - resigned |
16/12/20 | ||||||
| Eric Hadley - resigned | 17/3/22 | ||||||
| Arnold Phillips - resigned |
22/9/21 | ||||||
| Luke Todd - reisgned | 4/1/21 | ||||||
| Wayne Vincent —resigned |
22/9/21 | ||||||
| Pamela Wiener - resigned | 16/12/20 | ||||||
| Independent | examiners | Azets Audit Services | |||||
| Ty Derw | |||||||
| Lime Tree Court | |||||||
| Cardiff Gate Business | Park | ||||||
| Cardiff | |||||||
| CF23 8AB | |||||||
| Bankers | NatWest | ||||||
| Roath Cardiff Branch | |||||||
| 207 Richmond Road |
|||||||
| Cardiff | |||||||
| CF24 3UX | |||||||
| The Co-Operative Bank |
|||||||
| 16-17High Street | |||||||
| Cardiff | |||||||
| CF10 1AX |
| Unrestricted | Restricted | Total | Unrestricted | |||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||
| 2021 | 2021 | 2021 | 2020 | |||||
| Notes | F | |||||||
| Income from: | ||||||||
| Donations and |
legacies | 3 | 300 | 300 | 5,858 | |||
| Charitable activities |
4 | 49,176 | 32,832 | 82,008 | 7,389 | |||
| Other trading activities |
5 | 583 | 583 | |||||
| Investments | 6 | |||||||
| Total income | 50,059 | 32,832 | 82,891 | 13,248 | ||||
| xedt | ||||||||
| Charitable activities |
17,160 | 25,675 | 42,835 | 41,186 | ||||
| Net income/(expenditure) | for | the year/ | ||||||
| Net movement | in funds | 32,899 | 7,157 | 40,056 | (27,938) | |||
| Fund balances | at 1 November | 2020 | 72,031 | 72,031 | 99,969 | |||
| Fund balances | at 31 October | 2021 | 104,930 | 7,157 | 112,087 | 72,031 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | F | |||||||
| Fixed assets | ||||||||
| Tangible assets | 817 | |||||||
| Current assets | ||||||||
| Debtors | 12 | 2,000 | 5,106 | |||||
| Cash at bank and | in | hand | 130,238 | 73,046 | ||||
| 132,238 | 78,152 | |||||||
| Creditors: amounts | falling | due within | ||||||
| one year | 13 | (10,024) | (6,121) | |||||
| Net current assets | 122,214 | 72,031 | ||||||
| Total assets less | current | liabilities | 123,031 | 72,031 | ||||
| Creditors: amounts | falling | due after | ||||||
| more than one year | 14 | (10,944) | ||||||
| Net assets | 112,087 | 72,031 | ||||||
| Income funds | ||||||||
| Restricted funds | 16 | 7,157 | ||||||
| Unrestricted funds |
104,930 | 72,031 | ||||||
| 112,087 | 72,031 |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2021 | 2020 | ||||
| F | |||||
| Donations | and gifts | 300 | 5,858 | ||
| 4 | Charitable | activities | |||
| 2021 | 2020 | ||||
| f' | |||||
| Ticket sales | 43,255 | 1,669 | |||
| Membership | 5,921 | 3,720 | |||
| Other income | 2,000 | ||||
| Grants | 32,832 | ||||
| 82,008 | 7,389 | ||||
| Analysis | by | fund | |||
| Unrestricted | funds | 49,176 | 7,389 | ||
| Restricted | funds | 32,832 | |||
| 82,008 | 7,389 | ||||
| Grants | |||||
| WCVA | 32,832 | ||||
| 32,832 |
| Unrestricted | Total |
|---|---|
| funds | |
| 2021 | 2020 |
| 583 | |
| Total | Unrestricted |
| funds | |
| 2021 | 2020 |
| F |
| 2021 | 2020 | ||
|---|---|---|---|
| Depreciation and impairment |
408 | 24 | |
| Club room and store | rent | 4,831 | 3,831 |
| Website and media | 972 | 1,199 | |
| Youth theatre | 415 | 85 | |
| Festival - costume | 2,147 | 1,680 | |
| Festival - set | 1,265 | 651 | |
| Festival - logistics | 16,212 | 15,380 | |
| Festival - directors | 4,000 | 7,000 | |
| Festival - productions | 3,936. | 3,877 | |
| Sundry expenses | 265 | ||
| Insurance and logistics |
2,047 | 1,580 | |
| Grant funded project |
costs | 3,289 | |
| Festival - marketing | 682 | 2,968 | |
| Training | 1,411 | ||
| 40,469 | 39,686 | ||
| Share ofgovernance | costs (see note 8) | 2,366 | 1,500 |
| 42,835 | 41,186 | ||
| Analysis by fund |
|||
| Unrestricted funds |
17,160 | 41,186 | |
| Restricted funds |
25,675 | ||
| 42,835 | 41,186 |
| Support | c | osts | ||||||
|---|---|---|---|---|---|---|---|---|
| Support | Governance | 2021 | Support | Governance | 2020 | |||
| costs | costs | costs | costs | |||||
| E | ||||||||
| Independent | ||||||||
| examination | fees | 2,366 | 2,366 | 1,500 | 1,500 | |||
| 2,366 | 2,366 | 1,500 | 1,500 | |||||
| Analysed | between | |||||||
| Charitable | activities | 2,366 | 2,366 | 1,500 | 1,500 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Number | Number | |||||
| Total | ||||||
| 11 | Tangible fixed assets | |||||
| Plant and equipment | ||||||
| Cost | ||||||
| At 1 November | 2020 | 2,494 | ||||
| Additions | 1,225 | |||||
| At 31 October | 2021 | 3,719 | ||||
| Depreciation | and impairment | |||||
| At 1 November | 2020 | 2,494 | ||||
| Depreciation | charged | in the year | 408 | |||
| At 31 October | 2021 | 2,902 | ||||
| Carrying amount |
||||||
| At 31 October | 2021 | 817 | ||||
| 12 | Debtors | |||||
| 2021 | 2020 | |||||
| Amounts falling due |
within one year: | E | ||||
| Other debtors | 2,000 | 4,294 | ||||
| Prepayments | and accrued income | 812 | ||||
| 2,000 | 5,106 |
| Creditors: amounts f |
alling due within one year | ||
|---|---|---|---|
| 2021 | 2020 | ||
| F | |||
| Other taxation and social security | 462 | 462 | |
| Trade creditors | 3,757 | ||
| Other creditors | 3,658 | 3,658 | |
| Accruals and deferred | income | 2,147 | 2,001 |
| 10,024 | 6,121 |
| Creditors: amounts falling due after more tha |
n one year | |
|---|---|---|
| 2021 | 2020 | |
| Borrowings | 10,944 |
| 15 | Loans and overdrafts | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Other loans | 10,944 | ||
| Payable after one year | 10,944 |
| Movement | in | funds | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incoming | Resources | Balance at | |||||||||
| resources | expended | 31October | |||||||||
| 2021 | |||||||||||
| WCVA | 32,832 | (25,675) | 7,157 | ||||||||
| WCVA | |||||||||||
| Funding | received | from | the | third | sector | resilience | fund. |
| 17 | Analysis of net assets between funds | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | ||
| funds | funds | funds | |||
| 2021f | 2021f | 2020 F |
|||
| Fund balances at 31 October 2021 are | |||||
| represented by: |
|||||
| Tangible assets | 817 | 817 | |||
| Current assets/(liabilities) | 115,057 | 7,157 | ' 122,214 | 72,031 | |
| Long term liabilities | (10,944) | (10,944) | |||
| 104,930 | 7,157 | 112,087 | 72,031 |